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A country's level of financial development and the legal environment in which financial intermediaries and markets operate critically influence economic development. In countries whose financial sectors are more fully developed and whose legal systems protect the rights of outside investors, economies grow faster, industries dependent on external finance expand more quickly, new firms are created more easily, firms have more access to external financing, and firms grow faster.
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Subjects
Finance, Law and legislation, Statistics, Economic developmentEdition | Availability |
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Financial structure and economic development: firm, industry, and country evidence
2000, World Bank, Development Research Group, Finance
Electronic resource
in English
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Book Details
Edition Notes
Also available in print.
Includes bibliographical references (p. 40-43).
Title from title screen as viewed on Oct. 15, 2002.
"August 2000"--Cover.
Mode of access: World Wide Web.
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The Physical Object
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Feedback?December 7, 2020 | Created by MARC Bot | import existing book |